CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Dollar - Turkish Lira Analysis

EU Session Analysis for CFD Instruments 02/09/2025

Fundamental analysis

02 September, 2025

The US Dollar jumped against the Turkish Lira during the Asian session above 41.10 levels.
The USD/TRY currency rose to a fresh record high during the Asian session following yesterday’s higher than expected GDP data, suggesting that inflationary pressures in Turkey remain elevated. In Turkey, no data releases are set for release today. In the US, Manufacturing PMI for August (53.3 exp) and ISM Manufacturing PMI for August (48.9 exp) will be released at 14:45 and 15:00 GMT+1 respectively.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 02/09/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 02/09/2025

Support & Resistance Level Explanation
Resistance 2 41.1838 Daily R2
Resistance 1 41.1597 Daily R1
Support 1 41.0954 Daily S1
Support 2 41.0713 Daily S2

USDTRY Indicator Table - 02/09/2025

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USDTRY Indicator / Period Table - 02/09/2025

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USDTRY 02/09/2025 - Reference Price : 41.1275

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Turkish Lira Chart
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